Founder Group Ltd filed a Form F-1 registration statement for an initial public offering on 2024-08-01. It has amended it 2 times. It filed its final prospectus on 2024-10-22, at a public offering price of $4.00 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our Class A Ordinary Shares are listed on the Nasdaq Capital Market under the symbol “FGL”.From the F-1 filed 2026-02-25
Offering price
The initial public offering price is $4.00 per Ordinary Share.From the 424B4 filed 2024-10-22
Use of proceeds
We plan to use the net proceeds we receive from this offering for the following purposes:From the 424B4 filed 2024-10-22
Revenue
For the fiscal years ended December 31, 2022, 2023, and 2024, our total revenue was RM63,509,466, RM148,053,973, and RM90,344,588 (approximately US$20,186,479), respectively, representing a growth rate of 133% from fiscal year 2022 to fiscal year 2023, and a negative growth rate of 39% from fiscal year 2023 to fiscal year 2024.From the F-1 filed 2026-02-25
Net loss or income
In the same fiscal years, our net loss was RM5,150,005 (approximately US$1,150,711), net income of RM7,147,068, and RM3,943,506, respectively, resulting in a negative growth rate of 172% from fiscal year 2023 to fiscal year 2024, and a growth rate of 81% from fiscal year 2022 to fiscal year 2023.From the F-1 filed 2026-02-25
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-08-01 | Registration statement filed (foreign issuer) | F-1 |
| 2024-08-21 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-09-20 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-10-22 | Final prospectus filed: the offering is priced | 424B4 |
| 2025-05-20 | Registration statement filed (foreign issuer) | F-1 |
| 2026-02-25 | Registration statement filed (foreign issuer) | F-1 |
Tools for this story
Each opens in a new tab, filled in for Founder Group Ltd. With no account yet, you sign up free and land on the result.
Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.